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Individually Owned Property summary
This exceptional 6,750-square-foot commercial property, located at 3850 S Wallace St in Chicago's Bridgeport/Canaryville neighborhood (zip code 60609, Cook County, Illinois), presents a unique investment opportunity. Currently vacant, the property offers significant flexibility for a variety of uses. Previously occupied as a restaurant, the building's existing structure could be easily adapted to suit a new tenant's needs. The property is zoned for commercial use and could also be… re-purposed for residential development, subject to necessary approvals. The site boasts convenient street access from both Wallace and Pershing Streets, providing excellent visibility and accessibility for customers and employees. The substantial 6,750 square feet of vacant space allows for ample room for expansion or customization. This single-tenant property is ideal for businesses seeking a prominent location in a vibrant Chicago neighborhood. The long-term tenancy potential makes this a stable and attractive investment. This is a rare opportunity to acquire a sizable commercial property in a rapidly developing area of Chicago. Serious inquiries are encouraged.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 700 SF
- Lot area
- 0.15 ac
- Year built
- 1927
- Stories
- 1
- APN
- 17-33-324-039
- Assessed value · 2022
- $62,577
- Annual tax · 2022
- $12,871
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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